Now, as you can see I'm paying most of it back and will be making another payment this week but I need to get a handle on charging things. I can be really good one month and stay home only to wreck it all the next. I've tried budgeting on paper and I can't do it. I have my spreadsheet with all bills that need to be paid but it's the left over money that I can't budget.
I've also tried giving the wife a cash allowance but she saves the money (So Cute!). This morning she asked me for lunch money because she didn't want to break the 2 $50's I've given her the last couple of weeks.
HS
10 comments:
Sounds like you need to cut up all your credit cards but one. Freeze the one that you keep or lock it away so you can only use it for emergencies. Stop the cycle of spending!
Hey E!
We're really down to 1 card... but that's the one that we put everything on...
HS
Just take the credit card out of your wallet. Are you going to admit to what you purchased???
With Belly Bean on the way...now is the time to learn the control that you are struggling with. Tots are expensive. And if you get into the habit of picking up this cute outfit, and this toy....what lesson will you be teaching your child?
Only 1 card? Didn't you recently say your wife has a Macy's card? Is that gone now? With the way you're going you will never be out of debt. My suggestion is for you to get some sort of help dealing with it all, like therapy to figure out why you feel the need to keep spending and the need to keep up to your parents and the wife's parents. If your employer has a EAP you could call them for some free therapy sessions. It wouldn't hurt to look into it.
Belly Bean lol... shhhh we don't talk pregnancy on this blog ;)
Macy's gets paid any time we charge something... it's basically there to get the additional discounts. Not really our everyday credit card.
HS
My 16 year old son and I had a similar conversation. He wanted money to go to the game because he did not want to break the $50 he had in his pocket. We had a short talk on the matter and he understood that money is finite . Not breaking his bill did not mean he was saving money...he was using up money from another source. With the deepest of respect , as long as you subscribe to the philosophy of 'that is just the way things are', 'that is what they expect', 'what can you do', or 'so cute', you and yours will continue to go into debt.
I'm having a hard time understanding why you give your wife a budget when she doesn't appear to be the one over spending. You've already made mention that she doesn't know about this blog; yet in some cases, you seemingly point fingers that it might just be her fault or want to spend things. Sure you have the debt talk with her, but do you explain to her that you are trying to go through such lengths; such as blogging about it, to help better her and yourself? Or are you just saying "Hey look; you don't need to spend so much and neither should I"? She might actually have a whole different perspective on it if you told her about the blog and instead of giving her allowances all the time; you give yourself an allowance.
I started reading your blog recently; And I read through almost two years worth of spending; pay it off; lay blame on the wife; drink too much; vacation too much; pay it off, wonder why there is no money; rinse and repeat.
I'm not really sure what exactly you are trying to gain from the blog? Are you really concerned about the spending habits or are you just putting it "all out there" to look like posting it public is somehow shaming you into doing better?
I think it would be a very smart move to cut up that card. If you cannot afford it; then you do NOT need it. Save for it; that's how everyone used to be able to afford big ticket items.
I wish you well in your endeavor, but until you cut the card up; you're just going to keep cycling through the motions and that wont help you at all. Especially when a baby comes; you cannot explain to a baby that you cannot afford this or that because you put one too many drinking binges on a credit card and now you have no room for baby essentials.
Good luck.
-H.
that is fantastic! so fun - good job wife ;)
I say face your fear and stick the credit card in the freezer. You're justifying everything with rewards but really the rewards can wait until you get a grip. Don't give your wife $50 bills that's crazy considering she's a teacher. $50s are annoying.
Awww... man! You were doing so well! Time to cut the purse strings for the wife!
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